Aquantum Active Range

Aquantum Active Range is a delta-based option strategy on the S&P 500 designed to continuously exploit equity market fluctuations through actively managed trading ranges (corridors), independent of the long-term market direction. The strategy only trades liquid, exchanged-traded put options (spreads) on the S&P 500 with short residual maturities (weekly). While the portfolio construction process/implementation is systematic, trades are validated on a discretionary basis, particularly when it comes to spreads identification, and the built up/dynamic adjustment of the ranges.  The final portfolio typically trades 50-58 expiries per year, spending approx. 3-4% in option premiums, while maintaining a short delta, long gamma profile. The team is headquartered in Munich and is led by Maik Kaminski who has over 20 years trading experience.